Malaysia Healthcare Contract Research Organization Market Size & Outlook
Malaysia healthcare contract research organization market, 2018-2030 (US$M)
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Malaysia healthcare contract research organization market highlights
- The Malaysia healthcare contract research organization market generated a revenue of USD 1,447.5 million in 2023 and is expected to reach USD 2,411.8 million by 2030.
- The Malaysia market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, clinical was the largest revenue generating type in 2023.
- Pre-Clinical is the most lucrative type segment registering the fastest growth during the forecast period.
Healthcare contract research organization market data book summary
| Market revenue in 2023 | USD 1,447.5 million |
| Market revenue in 2030 | USD 2,411.8 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Clinical |
| Fastest growing segment | Pre-Clinical |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Drug Discovery, Pre-Clinical, Clinical |
| Key market players worldwide | Icon PLC, Charles River Laboratories International Inc, IQVIA Holdings Inc, GVK Biosciences, Labcorp Holdings Inc, Thermo Fisher Scientific Inc, PAREXEL, Dassault Systemes SE, Pharmaron Beijing Co Ltd Ordinary Shares - Class H, SGS AG, Worldwide Clinical Trials, Wuxi AppTec Co Ltd, Caidya |
Other key industry trends
- In terms of revenue, Malaysia accounted for 2.9% of the global healthcare contract research organization market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan healthcare contract research organization market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,181.3 million by 2030.
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Healthcare Contract Research Organization Market Scope
Healthcare Contract Research Organization Market Companies
| Name | Profile | # Employees | HQ | Website |
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Malaysia healthcare contract research organization market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to healthcare contract research organization market will help companies and investors design strategic landscapes.
Clinical was the largest segment with a revenue share of 76.14% in 2023. Horizon Databook has segmented the Malaysia healthcare contract research organization market based on drug discovery, pre-clinical, clinical covering the revenue growth of each sub-segment from 2018 to 2030.
Malaysia appears to be an attractive market to pharmaceutical companies due to the good infrastructure, government support, and a trusted manufacturing environment.
It has led to the greater investment in developing an advanced hub for clinical research, building biotechnology parks, and improving healthcare infrastructure. The government is encouraging private investments and more public-private collaborations in the pharma sector.
The increased investments in R&D, innovations in research & development & rinsing biologics drugs would lead to drive the market growth during the forecast period.
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Target buyers of Malaysia healthcare contract research organization market databook
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Our clientele includes a mix of healthcare contract research organization market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Malaysia healthcare contract research organization market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia healthcare contract research organization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Malaysia healthcare contract research organization market size, by type, 2018-2030 (US$M)
Malaysia Healthcare Contract Research Organization Market Outlook Share, 2023 & 2030 (US$M)
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